Confectionery group Cadbury Schweppes to cut 7,500 jobs and close 10 factories by 2011

Cadbury Schweppes is to axe up to 7,500 jobs and close 10 factories around the globe in a cost reduction programme over the next four years.

The UK confectionery group said it will cut its current confectionery workforce of 50,000 and 70 factories by 15% between 2008 and 2011, in an effort which is expected to result in savings of about £300m.

The group is currently in the process of offloading its US soft drinks division, according to chief executive Todd Stitzer. On completion of a sale, the business will be renamed Cadbury.

Cadbury Schweppes refused to say whether any the UK plants would be affected.

A spokeswoman told Personnel Today: “We cannot provide any further details until we have discussed the plans with our staff and union representatives.”

Earlier this month, rumours of Cadbury slashing UK jobs as part of a £300m cost-cutting drive were rubbished by the Transport and General Workers (T&G) section of the Unite super union.

The company will also shift its headquarters from Mayfair in central London to Uxbridge, next year.

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